SHE:300651 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Operating Revenue	417.31	399.95	356.11	489.18	453.56	532.9
Other Revenue	8.92	18.4	17.47	24.7	20.87	14.39
Revenue	426.22	418.35	373.59	513.88	474.44	547.29
Revenue Growth	20.83%	11.98%	-27.30%	8.31%	-13.31%	21.87%
Cost of Revenue	299.16	291.58	262.07	367.35	310.41	376.8
Gross Profit	127.06	126.77	111.52	146.53	164.02	170.49
Selling, General & Admin	67.4	69.04	71.48	79.71	85.36	95.65
Research & Development	13.77	13.48	16.16	23.5	19.02	18.65
Other Operating Expenses	4.71	5.92	5.45	6.16	5.87	5.52
Operating Expenses	83.9	83.49	98.54	106.39	121.78	130.44
Operating Income	43.16	43.27	12.98	40.14	42.24	40.05
Interest Expense	-0.95	-7.37	-9.46	-4.61	-4.93	-2.65
Interest & Investment Income	19.9	26.98	11.91	36.8	2.99	0.56
Currency Exchange Gain (Loss)	-0.43	-0.29	0.48	0.09	1.68	0.47
Other Non Operating Income (Expenses)	-2.59	-0.56	-0.04	1.2	-0.56	-0.92
EBT Excluding Unusual Items	59.1	62.03	15.87	73.62	41.42	37.5
Gain (Loss) on Sale of Investments	-23.32	13.56	10.71	-1.27	1.76	-3.88
Gain (Loss) on Sale of Assets	0.36	0.51	-0	0.42	0.39	0.03
Asset Writedown	-5.94	-6.1	-	0.04	0.01	-0
Other Unusual Items	-0.84	-0.48	3.88	0.22	2.21	3.58
Pretax Income	29.36	69.52	30.46	73.03	45.79	37.23
Income Tax Expense	1.99	8.42	7.54	10.36	6.16	9.63
Earnings From Continuing Operations	27.37	61.1	22.92	62.68	39.62	27.6
Minority Interest in Earnings	-0.14	-0.25	3.84	4.94	-1.15	-1.56
Net Income	27.23	60.85	26.76	67.62	38.47	26.04
Net Income to Common	27.23	60.85	26.76	67.62	38.47	26.04
Net Income Growth	-11.39%	127.38%	-60.42%	75.76%	47.76%	-13.45%
Shares Outstanding (Basic)	142	135	127	128	128	130
Shares Outstanding (Diluted)	142	135	127	128	128	130
Shares Change	11.52%	6.11%	-0.12%	-0.52%	-1.50%	1.14%
EPS (Basic)	0.19	0.45	0.21	0.53	0.30	0.20
EPS (Diluted)	0.19	0.45	0.21	0.53	0.30	0.20
EPS Growth	-20.54%	114.29%	-60.38%	76.67%	50.00%	-14.42%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Free Cash Flow	83.29	81.42	35.25	136.29	81.01	67.07
Free Cash Flow Per Share	0.59	0.60	0.28	1.07	0.63	0.52
Dividend Per Share	0.200	0.200	0.150	0.150	0.120	0.100
Dividend Growth	33.33%	33.33%	0%	25.00%	20.00%	0%
Gross Margin	29.81%	30.30%	29.85%	28.52%	34.57%	31.15%
Operating Margin	10.13%	10.34%	3.48%	7.81%	8.90%	7.32%
Profit Margin	6.39%	14.55%	7.16%	13.16%	8.11%	4.76%
Free Cash Flow Margin	19.54%	19.46%	9.44%	26.52%	17.08%	12.25%
EBITDA	80.44	80.69	46.58	77.35	79.5	72.32
EBITDA Margin	18.87%	19.29%	12.47%	15.05%	16.76%	13.21%
D&A For EBITDA	37.28	37.41	33.6	37.21	37.26	32.27
EBIT	43.16	43.27	12.98	40.14	42.24	40.05
EBIT Margin	10.13%	10.34%	3.48%	7.81%	8.90%	7.32%
Effective Tax Rate	6.78%	12.12%	24.76%	14.18%	13.46%	25.87%
Revenue as Reported	285.95	418.35	373.59	513.88	474.44	547.29
Advertising Expenses	-	6.46	4.9	7.71	6.22	10.87